History of Lehman Brothers Focus of September 26 KAZI Book Review
Peter Chapman, author of The Last of the Imperious Rich: Lehman Brothers, 1844 – 2008, is the September 26 guest on KAZI Book Review, 12:30 p.m. – 1 p.m. on KAZI 88.7 FM. Listen live online at kazifm.org.
When Lehman Brothers filed for bankruptcy on September 15, 2008; it sent the American financial system into a free fall that that ultimately resulted in an unprecedented intervention by the government. As a result, the Federal Reserve System and U.S. treasury Department invested hundreds of billions of dollars in our financial to keep them from failing. The history of the Lehman Brother nearly spans the entire history of the American Financial system.
Chapman has worked for the Financial Times, based in London, since 1995. He also holds a master’s degree in economics from the London School of Economics